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FOX Business
Jan 16, 2013 8:00pm EST
think you can do all of this and solve the fiscal ills just raising taxes? what -- who is to blame kids if they think, well, i'm okay. i needn't worry. >> neil, i think the problem is deeper than that. the problem is simply this. the young people are going to pay need bills as i just said before, and guess what? they are not voting on head starts. they are not voting on the war in iraq or any of this stuff. who votes in america today, neil? senior citizens do. it's not any kind of mystery why we can't cut programs like medicaid, medicare, and social security that people get the benefits are the ones who vote. that really is a problem. if we want to get people like charlie's generation, their voice heard, they have to get out own vote for policies and protect their own financial interests. neil: but, charlie, you were telling me something interesting last time you were here, in the heart of hearts, young people you talked to are not that optimistic they'll see social security or medicare, are they? >> not really. you asked them -- a classroom i went to, how many of you receive social sec
FOX Business
Jan 20, 2013 2:00am EST
a huge tax increase to pay for it. of course it costs more. >> the president was telling us this is what he has planned. obamacare is not a single payer plan which is national health care. but isn't that in fact what it is turning into? >> well, i think that there is going to have to be a single plan if we are going to reduce health care costs in society. will this reduce the deficit? no. it depends on what your goal is here. is your goal here to provide health care to people because the private sector has not done a very good job. >> the government will do better? >> we have seen costs in the private sector go up two to three times the rate of inflation. >> the government takeover would be cheaper and more efficient than the private health sector? >> there would be more people covered and the cost would be lower if we had a government plan, a government -- >> is there anyway to prove that contention? >> no, i hear what mark is saying. and by the way this congressman is someone who said we should unionize doctors. we have a veterans administration who is doing health care that was not so
SFGTV2
Jan 18, 2013 7:00pm PST
taxes for the rich and no fair share who want to live in the privatized environment and not care about the civic situation. that is truly damaging to the possibility of already beleaguered ideals. nothing is simple. i cover the former soviet union and russia. i could go on at great length about how boris yeltsin undermined democracy and became a hero democracy. lech walnsa in many ways was not the. working bloke many made him not to be. gorbachev was a visionary who came to power. he saw he needed to change the country. he used his powers to do that. he withdrew from afghanistan. he called for nuclear abolition. he worked with ronald reagan. he understood you need political solutions, not military solutions. when the soviet troops were ready to come out of the barracks so the berlin wall would not come down, he told them to stay in the barracks, the empire is going. we cannot be a country that will be one of glasnost and perestroika if we live the way we have. it is the 20th anniversary of the soviet union, the end of the soviet union. many people in russia blame him for the economic c
FOX News
Jan 19, 2013 8:00am PST
is halfway house to single payer . man date taxes are too low. hold on a second, mark. more people are going to be dumped in a government. by the way, hang on. nixon. hang on . no, we are not. it would cost trillion. let me finish, mark i beg your pardon. >> it was enacted in britain and can dampt they have fewer mri machines and the wait list are long. >> morgan, when we look for a solution that really works, what we think of is putting the individual back in charge . when an individual is in charge of the cost and care that he or she is receiving, aren't they more responsible? whatever plan we work for isn't that the goal to put them in charge? >> it is it a great concept and going back to the idea of medicare. we will have to take a red pin to entitlements in general. >> last word for morgan. thank you. >> an amazing person . yeah, he's incredible and amazing. >> it is always -- it is always exciting. so it is exciting. >> neal cavuto is going to washington. he's the president guest of the honor in the inauguration . he is hosting special live coverage 11:00 a.m. on the fox business netwo
FOX Business
Jan 21, 2013 6:00pm EST
. melissa: that was quick end to the point. at the career of being taxed without representation right now. that is all the "money" we have for you today. we'll see you back here tomorrow. gerri willis is up next. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report". >> is hello kitty really terrifying to some of us? why is one pennsylvania kindergartner in big trouble over his toy gun that only shoots out bubbles? we will have the details on this extraordinary case next. and as president obama celebrates his inauguration day, what will another four years mean for us? >> new ideas and technology. >> that, if you have just a cold? died missing themselves instead of going to the actual doctor. but is this safe? we will ask dr. mitchell brooks. "the willis report" is on the case. gerri: tonight stop -- top story takes us to a suburb located about 90 miles northwest of philadelphia. officials at an elementary school have suspended a five year-old girl over what they called terrorist threats. after the kindergartner reportedly told a classmate that she wanted to share w
FOX Business
Jan 21, 2013 9:00pm EST
term at higher taxes, a burden for every american. could they bring an end to the career of one of my favorite golf first? find that next. ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thanyou. ♪ overmany discounts to thine customs! [old english accent] safe driver, multcar, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometand we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. moreiscounts than we knoweth what to do with. now that's progressive. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorni
CNBC
Jan 22, 2013 7:00pm EST
and leave high tax california? of course he should. we'll discuss his comments. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> presidential inaugural addre addresses are supposed to be less than a campaign speech. listen for yourself. >> fidelity requires new responses to new challengemis. preserving freedoms requires collective action. to me that spells more government. but listen to this next one. >> the co
CNBC
Jan 14, 2013 7:00pm EST
the white house won't deliver its own budget in time and still wants to raise more taxes. we're about to hear a response from a republican house member. >>> that's not all. fed chief ben bernanke is saying it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take th
FOX Business
Jan 21, 2013 9:20am EST
. >> good morning, everyone. if you thought tax the rich was over, please think again. in a new budget, senate democrats reportedly want more taxes on the rich and more taxes on oil and gas companies and hire of taxes on corporations make money overseas and charles schumer make more for taxes on meet the press yesterday. >> we need the money and second, a great opportunity for us, in our budget, we will have tax reform many my republican colleagues like, but it will include revenues and a great opportunity to get us more revenues to help in part deal with sequestration and deal with-- >> senator schumer. stuart: you have a great opportunity. so that's where we are headed and the next four years does indeed kick off it had. for a moment. look back. the president's policy mass been to spend more, tax the rich and protect the debt. in 2009 the debt was a little over 10 trillion and nod it's skyrocketed. it's over 16 trillion and it will be 17 trillion by this fall. the number of people on food stamps way up. in 2009, 33 million. today, that number all the way up to 47 1/2 million and stil
CNBC
Jan 17, 2013 7:00pm EST
. it would be progrowth and no more tax hikes by the way. spending and the debt are the top issue of concern for voters. look, these heinous mass murders are not about weapons. question -- why isn't anyone tackling the really tough issue that may be the root causes of these atrocities? such as broken families, such as the absence of fathers who set examples for their sons? such as the loss of faith in our schools? such as our homes and our culture that have lost faith as well. tonight, we are going to talk about the family values breakdown in america. "the kudlow report" begins right now. another key point tonight. for most of the history, america drew at 3.5% per you. the last dozen years however, we have dropped below 2%. and the so-called obama recovery is just a tad above that 2% rate. which should be unacceptable. it is the worst in the post world war ii era. so the question tonight, what's holding back the american economy? here's my quick road map for an economic boom. start off with major cuts in government spending. we should stop paying people not to work. then cut large and small
FOX Business
Jan 15, 2013 5:00pm EST
. >> if you give a mouse a cookie he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic data led to a choppy trading session for stocks. the dow rallied for a fifth straight session, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives i
CSPAN
Jan 18, 2013 7:00am EST
wanted to make a comment about the tax code system. it's so complicated. i think that the government wants to do something to help out the economy, they could institute a fair tax or a flat tax, something like the libertarian candidate gary johnson was advocating last year where if you buy something you just pay the tax on it, there is no more income tax or corporate tax but a consumption type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked a
FOX Business
Jan 17, 2013 9:20am EST
's at the top of the hour, you do not want to miss it. now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've granted over
CNN
Jan 22, 2013 4:00pm PST
mickelson forced to apologize for saying he plans to make drastic changes because of the new tax laws. >>> plus, a major development in the petraeus sex scandal. >>> and prince harry brags about killing taliban soldiers. has he actually put the british people in danger? overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. more discounts than we knoweth what to do with. now that's progressive. good morning, turtle. ♪ my friends are all around me ♪ my friends, they do surround me ♪ ♪ i hope this never ends ♪ and we'll be the best of friends ♪ ♪ all set? all set. [ male announcer ] introducing the reimagined 2013 chevrolet traverse, with spacious seating for up to eight. imagine that. >>> our second story "outfront," phil mickelson's mulligan.
FOX Business
Jan 22, 2013 6:00pm EST
, boarding and stashing my stuff. melissa: looking at your boots. >> income inequality taxes would get rid of it. melissa: that's all the "money" we have for you today. o.c. becker tomorrow thanks to both of you. gerri: -- "the willis report" hello, everybody. i'm gerri willis. tonight, hold onto your wallets. ceos from around the globe telling us how to spend our hard-earned cash for climate change. a look at the billions of waste will dollars and how much it's costing you. end of breakdown a new report showing how many trips to the moon you can take in the amount of time it a stake in the senate to pass a budget. also, one of the highly recommended retirement investments falling short. we will "cover your assets" as we look up for you and your money. "the willis report" is on the case. more on target date funds coming up later. first, tonight's top story, record low temperature sweeping across the united states and langdon, north dakota wind chills but the temperature down to what felt like-51 degrees fahrenheit. imagine, frigid temperatures close dozens of schools and so far two deaths
FOX Business
Jan 21, 2013 5:00pm EST
with the conservative republican are surprised to hear the answer is more taxes. this time on hospitals. we will diagnose what this means for you no matter where you live plus the did you know these teeseven has been an entire year since president obama's job council officially made? to as to save the economy. are you happy with how things are going? or power panel is here with what should be happening. for all you brides and grooms to my being the case of cold feet, don't despair. a new company lets you buy and sell your wedding. all you have to worry about is the person elected the altar. the woman behind this new business, even when they say it's not, it's always about "money." all right. we start with the first to announce plans on how exactly it hopes to pay for obamacare. a little bit surprising. republican arizona governor says that the tax increase interstate is the answer. the governor proposing a new hospital provided tax, and this is on topple all the taxes we were just three weeks ago. a number of experts and even some hospitals are on board with the governor's new tax hike. wit
FOX Business
Jan 21, 2013 1:00pm EST
. melissa: if you thought washington satisfied its search to tax breaks it -- rich, think again. senate democrats reportedly want even more knew taxes. lori: breaking details out of algeria after the bloody for a hostage situation at the gas plant. hopes fading for survivors. the grim toll and the unanswered questions that. president obama making his career just a couple of moments ago that he is ready to do battle on the economy and that, but not at the expense of social security, medicare, and medicaid >> we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. lori: the president giving his second inaugural address this morning. rich edson now joining us from washington d.c., and that was certainly a politically partisan address we heard from the president. >> reporter: well, it was a d
CNN
Jan 18, 2013 8:00am PST
, of course, in the middle east. but up first, the biggie, taxes. here's christine romans. >> reporter: the challenge, tax reform. for the first time in 20 years, taxes are going up for the rich. they'll pay a higher top marginal income tax rate, higher taxes on dividends and capital gains and a higher estate tax rate, but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in the society, very tiny percentage. i frankly think that there are more taxes coming and they will bite deeper into the middle-class. >> reporter: in fact, two-thirds of americans will pay higher taxes in 2013. the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republ
Current
Jan 14, 2013 5:00pm PST
social for media. next, california led the way to tax cuts. now it's leading the way to tax hikes and a budget surplus. mitch mcconnell. can you hear me now? the natural energy of peanuts and delicious, soft caramel. to fill you up and keep you moving, whatever your moves. payday. fill up and go! at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is gone. ahhh. not just a sensation sensational relief. who is this? that's pete. my... [ dennis' voice ] allstate agent. a "starving artist" has an allstate agent? he got me... [ dennis' voice ] the allstate value plan. it's their most affordable car insurance and you still get an agent. [ normal voice ] i call it... [ dennis' voice ] the protector. is that what you call it? the protector! okay. ♪
Current
Jan 14, 2013 9:00pm PST
it on your social for media. next, california led the way to tax cuts. now it's leading the way to t t t t t t t t t t t t t t t t t t t t t t t t t t t t before the sneeze, help protect with a spray. before the tissue, help defend with a wipe. before the cold & flu season help prevent with lysol. because when you have 10 times more protection with each hand wash... and kill 99.9% of germs around the house with each spray... those healthy habits start to add up. this season, a good offense is the best defense and lysol has your family covered because that's our mission for health. >> john: four years ago california was in a state of near financial ruin. after six years after the governator they hit a high of $42 billion in 2009. shocking after the voters of california decided to entrust their economy to an austrian weightlifter. but as governor jerry brown begins his third year as governor he announced that in the next fiscal year california will have a surplus of $851 million. so from a negative $42 billion to a positive $851 million in under four years. john boehner, can you hear
FOX News
Jan 22, 2013 1:00pm PST
to the military? that will hurt him with the center left who, want tax cuts and the help to the religious go down. when you have a narrow margin as a prime minister, historically, here, it means you are wake and not able to do anything significant in the knesset and we will be back to early elections, mr. netanyahu had had a very stable government. but like the united states, neil, israel is rocked by some severe economic problems here. there was a $10 billion budget deficit that was much more than expected. that has become a big issue. the rising cost of living here has become a big issue and that's the thought that this precipitous drop, it was that he and his right-wing coalition hash 70 seats projected 2 months ago. they have fallen in the polls and there is now talk of them bringing on board a center party, run by a charismatic television anchor, turped politician. this person is demanding tax cuts for the middle scplases demand that the religious go to war, something that won't sit well with mr. netanyahu's base. going forward, he may have won, but it will be a very uncomfortable and probab
CSPAN
Jan 17, 2013 8:00pm EST
problems that get thrust upon them as a consequence of diminished tax bases and the consequence of housing, the significant portion of the public and their states that are in most need. we're committed to having a third phase of the so-called big deal on the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop to get our economy in great shape and move toward a balanced bump started off with three phases. started with president bush's actions, the first president bush, in terms of taxation, before president clinton took office. then the actions the president took in '94 and then in '97. well, we think there's a third phase here that can set our country on a path that will allow us to get our debt, the gdp, our deficit to gdp, down around 3%, which is the basis of which all economists left, right, center, agree, are the areas which we really can begin to grow as a country. and also my grandfather used to say, with the grace of god and good will of the neighbors, cooler heads will prevail between now and the time we deal with th
CSPAN
Jan 20, 2013 12:00pm EST
inaccurate. >> host: that's talked about taxes, grover norquist and james madison. when it comes to taxes and what will the government has in using the revenues it raises, what is the history from the 18 century and how is the right wing is that history today? >> guest: americans ha n liked texas. they did not like taxes without representation or taxation with representation. they revolted a few times. whiskey rebellion. there was quite a bit of antitoxin demint in america. that said, the constitution is virtually unlimited taxing power and hamilton wrote 32, 35 about the need to collect taxes and in their, a number of places say very straightforward, but it's politically difficult to vote to raise taxes and i was going to be politically difficult. you do not ever want to do anything to a structural difficulty by putting something to raise taxes because you can't foresee the future. it is dramatically irresponsible to do something like take a pledge saying he will never in your life if the legislature vote to increase taxes. but that would have -- that is dramatically directly opposed to
FOX News
Jan 22, 2013 12:00am PST
know 20 so and we're giving him what, fighters jets, military equip and 1.5 billion in tax dollars. >> that's for the peace with israel as the pragmatic branch of the muslim brotherhood. >> sean: it sounds like terrorism to me. >> as long as he upholds the peace with israel, supposedly that's worth the price. >> sean: but look what happened. we get told in washington that the muslim brotherhood, they're great. now, they're against al-qaeda and all that stuff, right? the muslim brotherhood wants the blind sheik back. al-qaeda wants the blind sheik back. >> the muslim brotherhood-- >> prosecute him. the muslim brotherhood wants to impose sharia where it operates. and al-qaeda wants sharia. >> sean: i know the president has every right to celebrate tonight. and wish he and his family well, but these are real, present dangers to our country and the world. good to see you. >> good to see you. >> sean: next, i have a new hero, it seems that paying your fair share is not everyone's dream. and phil mickleson, and taxes may be out of control. and we'll tell you about the one of the world's
FOX Business
Jan 22, 2013 9:20am EST
it comes. a carbon tax. the president says we must recognize the climate danger, forest fires, powerful storms, they're signs that climate change is real, it hurts and it must do something about it. here it comes, a carbon tax. if the president doesn't get a tax through congress, he will issue executive orders, other way you'll pay more in energy taxes or energy prices. in his inaugural address he spent more time on climate change than any other single issue. environmentalists ecstatic, the foreign media client. and the world's great minds will call for a 14 trillion dollar global greening. this is tuesday, january the 22nd, the day after the most liberal, all-government, all the time inauguration speech in memory. "varney & company" is about to begin. you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. [
CSPAN
Jan 22, 2013 7:00am EST
: president obama, sworn in yesterday, promising to change the tax code, immigration laws, and act on climate change. good morning, everyone. we will spend the first part of this morning's "washington journal" on yesterday's inaugural address. for democrats, 202-585-3880. for republicans, 202-585-3881. for independents, 202-585-3882. also, send us a tweet, twitter.com/c-spanwj. post your comments on facebook, or you can e-mail us. journal@c-span.org. let me begin this morning, this is "the wall street journal," had line. "obama vows aggressive agenda." "he is looking beyond the fiscal battle set to dominate the coming weeks." and then a side story, an analysis. "the president is set to fight over a new to do list." "the inauguration was not only grayer, he sounded less like a man ready for lofty flights and more ready for ground battles." and then here is "the washington post," this morning. there had lyme, "we must act." -- there had line, "we must act -- their headline, "we must act." "the new york times," this morning, "a limitless vision." "speech gives quiet goals center stage." "our jou
FOX Business
Jan 22, 2013 11:00am EST
just had a big capital gains tax, a big dividend tax. you have obamacare that is coming down the pipe which it employers with more than 50 workers in a lot of employers are already holding back on their employment because of that. then we talk about things like coffee and trade and climate change legislation. i do not want to be entirely negative here. you mentioned the fact that the housing market is picking up. no question about that. ironically, here is the irony of this president, the number one factor that is creating jobs in the economy over the last three years has been the oil and gas sector. dagen: you would be not a smart politician if you got in the way of that in the next four years. steve, by the way, 2100 words in that address and job or jobs was noted three times. steve, it was great to speak with you. >> people should read in our "wall street journal" today, we have an excerpt from ronald reagan's inauguration. the job market was really expanding back in. dagen: steve, great to speak with you. take care. connell: we brought in chief market strategist from america finan
CSPAN
Jan 17, 2013 8:00pm EST
should seriously look at with tax reform is how do you replace the anti-poor, anti-small business tax. it is the first big hurdle to create a job. how could you design the equivalent for starting your own business? trying to reach out here and realize, every american could be premiership -- of .ntrepreneurshi passing so many laws and regulations and taxes that they kill the start up businesses in ways that are crazy. >> i have to jump in. thank you so much for talking about entrepreneurship. you were there, you were a part of that. there has been so much destruction to the assistance program. talk about rules and regulations. those are things your administration, when you were the speaker of the house, so many of those types of rules and regulations were built into the program, so much that they have not responded to the recession. it is only able to reach about 30% of the children who are poor in this country. an incredible increase in child poverty been. micro finance would may be a great way to insert into the system. if a woman is receiving cash assistance or food stamps and she h
FOX News
Jan 22, 2013 6:00am PST
? >> reporter: democrats have been setting very strong signals they want more tax increases or at least revenue enhancements through closing loopholes and deductions. majority leader cantor responded to that yesterday. listen up. >> well, you know i fundamentally disagree. i don't think most americans would say to give more money to washington to have washington spend their money is a way to help anybody. >> reporter: also yesterday, the president strongly defended social security, medicare and medicaid and with anp a parent jab at his defeated opponent mitt romney said those entitlement do not make us a nation of takers. republicans have long-held those entitlements are on the road to insolvency unless they are fundamentally restructured. martha. martha: doug, thank you. doug mckelway. bill: house republicans say they hope the move will shift the focus to spending and push the senate into passing a budget. remember it has been four years since the senate passed a budget in washington. >> i think it is about time the senate did its legal responsibility of passing a budget. we passed one each of
FOX News
Jan 22, 2013 1:00am PST
-- >> maximum? >> they should pay their fair share. >> sean: give me a fair share number. >> i like a flat tax. >> sean: between state, local, federal and isn't it sad people are thinking of moving states? and some people might leave the country, that's sad. >> only people with options can do that and we're losing track of that. >> sean: when those people leave, guess who is going to pay? the people who are left. >> yeah, and the states are being dug into the ground with all of these. >> sean: and we've got to run, but we expect momentarily that vice-president biden will be addressing the troops on this inauguration night. congratulations to the president, first lady for ing, that's all the time at we have left. greta is next to go "on the record" and we'll see you tomorrow night. >> greta: tonight, it's blistering, it isn't so much what was said, but who said it. is the cbs news political director and telling president obama to pulverize and destroy republicans. but tonight, scott walker is here and how are he and other governors planning for president obama's second term. governor walker in
FOX Business
Jan 19, 2013 2:00am EST
jobs. without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government meansfor com. bill see you monday. ♪ ♪ gerri: hello, everybody. i'm gerri willis. more taxpayer waste from the obama administration. you're not surprised. a new report says millions of dollars for great energy and the 2009 stimulus package went to foreign companies. with more on this and, senior political columnist for the washington examiner. it's great to see you again, as always. i mean, look at the dollars and sincere. 16 billion for the green energy program. one out $4 went to foreign compa
ABC
Jan 22, 2013 1:05am PST
inauguration ghey! hey honey! hey alan. uh, hey.... i'm bob, we talked at the tax store. i did your taxes. i thought you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ..es and all other major tax stores combined. packs a whole lotta something special inside this little wax package. why go ordinary? try the special zip peel freshness that only comes from mini babybel. nice! yes! hey, girls. want the perfect snack accessory? it's totally natural, 100% delicious cheese! tasty. see? good things really do come in small packages. like rubies! girls like rubies... mini babybel cheese from the laughing cow. have you laughed today? about. >> time for a look at the wake up weather. sunrise occur at 7:21 tomorrow. we'll have cold conditions inland. thin high clouds but sun fairly brit as well. low pressure ranging from 28 to 5:00 a.m. warming up to this at 8:00 a.m. >> thanks spencer. >> the presidential inauguration went wild on s
FOX Business
Jan 18, 2013 11:00am EST
case or hurt his cause? we will get reaction. dagen: and intimate the state income tax. one governor laid out his case, and wayne rogers likes the idea. top of the hour, nicole petallides is covering it for you o on the floor of the new yk stock exchange. nicole: the market is likely to the downside. the trend has been the major market averages are not too far off the unchanged line. see the dog over the unchanged line 50 times in one day is not unusual to see that, however the trend had been to the upside looking like nine trading weeks we have seen the s&p 500 now hovering around the five year highs. dow jones industrials as well and the nasdaq composite as well. intel weighing on the major averages, you can see down 6.25%. if you took out intel out of the dow, the dow would be flat right now. they came up with profits that were disappointing, weak outlook. not good news for intel weighing on the major averages, but technology in general. back to you. dagen: forget about washington. our next guest says stop talking about it, investors should be focused on making money in the econom
FOX News
Jan 21, 2013 6:00am PST
's capitol. >> talk a little bit about the potential for more tax hikes. with house republicans talking about that and a leading democrat coming out saying that congress needs more money in order to reach the numbers they have to get to. he says there is really no way around that except higher taxes. here is charles schumer. >> $1.7 trillion in cuts. we've done $600 billion in revenues. you will need more revenues as well as more cuts to get the deficit down. we're going to do a budget this year and it will have revenues in it and our republican colleagues better get used to that fact. martha: promise, promises right? they will do a budget this year. we haven't seen one in how long? stuart varney the anchor of "varney & company". how many years has it been now? >> i believe it is 3 1/2 years. we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas
CSPAN
Jan 18, 2013 1:00am EST
to take up what had been a fairly legitimate savings, and what we ended up with was a tax bill. we now have 900 billion in discretionary spending. 600 billion in revenue. the next exercise, in my opinion, has to be about spending restraints, specifically entitlements. that is where the big enchilada is an issue that has not been taken up yet. how do we get to that? there are three pressure points. you have the sequestered, the debt ceiling, and you have the continuing resolution. the sequestered and debt ceiling fall on top of each other towards the end of february. these to say and republican leadership and the senate, which is served in for 12 years, you never take a hostage you cannot shoot. the problem with the house was they took hostage the cannot shoot when they took the fiscal cliff. if the republican members of congress take the debt ceiling as a hostage, it is a hostage you cannot shoot. as a very practical matter, if we go over the debt ceiling, we do not increase the debt ceiling, republicans will not win the debate. they will argue they are not increasing it because they d
FOX News
Jan 20, 2013 7:00am PST
is behind us when it comes to taxs. >> take a look at what is in the package in terms of spending. additional savings from medicare and medicaid in it. savings from agricultural sub is sidis. the president already signed a trillion dollars of deficit reduction into law and committed to more spending cuts but we can't just cut our way to prosperity. we have toasting to invest in things like -- we have to continue to invest in things like education and energy. he put reducing the deficit in a balanced way to promote jobs for middle class families and that is going to be his guiding principle through the negotiations. >> i want to ask you quickly about the republican idea. would you support it but with the caveat they are telling the senate you haven't passed a budget in more than three years and you need to do that so we have a baseline for negotiations. >> well, let's revisit what the debt limit actually is. this is about congress paying the bills for what it has already racked up. the white house has made clear that the president will take a look at the proposal. they said it is e
FOX News
Jan 21, 2013 1:00pm PST
well in our society and those who are not suggesting he may not be done taxing the well-to-do on the heels of chuck schumer over the weekend saying that the senate will produce a budget and it will include higher taxes on the wealthy and republicans may not like it but paraphrasing they just have to deal with that. what do you think of that? >> well, i fundamentally disagree. i don't think most americans would say to give more money to washington to have washington spend their money is a way to help anyone. we identify with those who have not experienced upward mobility and want to help those who need a safety net and provide the relief and save the programs and give them some opportunity working through areas on education, hopefully, the white house will finally join us in some of thosests, and there are all kinds of things and workforce training and others that we can find common ground on depending on whether the mood today lasts. >>neil: do you get a sense they are leery, the dims, to go too crazy on spending cuts. the president told president obama he sees it as a h
FOX Business
Jan 17, 2013 12:00am EST
. and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those actions could have a huge impact on the firearms industry. among other things,
FOX Business
Jan 18, 2013 9:00pm EST
is all tax deductible. the irs says the compensation to homeowners as the cost incurred in the crse of doing business and is not a fine or penalty but the result of wrongdoing. i say if they didn't do anything wrong there probably wouldn't be showing -- shelling of billions of dollars. we should not be footing any part of the bill for the mistake . as one homeowner put it, the government comes after us for every little bit of money we have. that's because we aren't too big to fail. we just have to bail out the ones that are. that's what i think. now we want to know what you think. here's our question. should banks be allowed to deduct the mortgage settlement? log on to gerriwillis.com, vote on the right inside the screen and all share the results of the end of the show. not to the latest developments in the hostage situation in algeria. one american reportedly dead a takeover and natural gas plant by islamic militants. algerian news agencies report around 100 foreign workers are freed. the fate of 30 other foreign energy workers remains uncertain today militants' offering to trade t
FOX News
Jan 16, 2013 10:00am PST
of taxes is also now getting some buzz. and new controversy over reports that federal agents waited to arrest an illegal immigrant and a sex offender who worked for this powerful democratic senator, senator menendez, you saw in that picture there. what, what really went on? why was this done? an early morning rescue puts a whole new meaning on another brick in the wall. as firefighters-- did you watch this on america's news room with bill and martha? firefighters worked hours to free a woman who got stuck in a tight spot, how it happened. ♪ ♪ caught between a rock and a hard place ♪ bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. before you begin an aspirin regimen. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. hi, i'm ensure clear... clear, huh? i'm not juice or
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